Mobile Money is Pan Africa for us at UBA Group – Interview with Arinaitwe,UBA Uganda
Joseph Arinaitwe
Head eBanking
UBA Bank – Uganda
How do You describe Mobile Money in Uganda and the uptake?
In Uganda Mobile is about one half years old with MTN leading the pack followed by Zain (ZAP ,this has since been acquired Bharti Airtel) and M-sente (Uganda Telecom).We are expecting Warid Telecom to shake up the Mobile Money market [...]
Visa has invested £6.6 million in British m-banking provider Monitise
Visa Inc. has announced its intention to invest £6.6 million in London-based mobile banking and payments service provider Monitise plc to increase its stake to 14.4%. Earlier the company has announced that the existing agreement with Monitise was prolonged to 2015.
Last June Visa invested $13 million in the company by signing a 5-year strategic [...]
We Could Adopt Use of M-Pesa, Says U.S.
The US will leverage her technology by importing innovations from Africa as part of the Obama Administration’s bid to strengthen relations with the continent.
Citing the M-Pesa evolution, US Under Secretary of State for Public Diplomacy and Public Affairs Judith McHale said her country’s economy could benefit by importing the revolutionary mobile money transfer system from [...]
Mobile Banking Sees Success in Senegal
Nidhi Subbaraman
Thanks to a mobile banking system launched last month in Senegal, people with no previous access to bank accounts were able to watch the World Cup via satellite services that they paid for electronically with a few taps on a mobile phone. The service is a clear sign that mobile banking is taking off [...]
Will mobile banking change the banking landscape in SA?
Simon Russell
www.bizcommunity.com
Twelve years ago the retail banking industry thought the end of ‘bricks-and-mortar banking’ era was close, with the introduction of mainstream internet banking. However, this did not materialise as banks in their quest to differentiate, realised the value of the branch in the selling process and its necessity for customer acquisition and authentication.
The internet [...]
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Competition in the mobile money business continues to bring better services to mobile phone users as Uganda Telecom’s (UTL) M-sente joined the school fees platform. This comes just over a month since Zain launched its Zap school fees portfolio in the market.
The mobile money market since its inception has been a battle for innovative partnership [...]
Ayodele Deen-Cole
Business people in Sierra Leone will now have the opportunity to enjoy the new “Splash Pay” service which was recently introduced by splash mobile money transfer company. ‘Splash Pay’ services gives users of splash money system the opportunity to make payment for goods and service at any merchant [...]
MTN Uganda and United Bank for Africa today signed a landmark partnership agreement establishing UBA as the first financial institution to become an MTN Mobile Money agent.
MTN Uganda Chief Executive Officer Themba Khumalo and UBA Managing Director Margaret Mwanakatwe signed the agreement in the UBA Boardroom in Kampala, opening up UBA to close to a [...]
Emmanuel Okoegwale
Principal Consultant at MobileMoneyAfrica.
Advisory board member at FrontlineSMS Credit – USA
Africa center for mobile financial inclusion,UK
As we approach the Central of Nigeria’s licensing regime for mobile money providers in Nigeria, what is increasingly becoming clearer is that the race belongs to those providers that can quickly roll out a well connected, efficient and effective [...]
MTN, a leading mobile telecommunication service provider, has launched its latest product, MTN Mobile Money, in Cape Coast, with a call on the public to patronize the service and also spread the news to others.
The service, which was introduced in the country, last July, provides any mobile phone user with the option of opening and [...]
Saul Butera
As the country strives to increase the number of bank users, Rwandatel is now set to unveil its ‘Mobile Money’ service, partnering with the Bank of Kigali (BK) as the receiving bank.
The ‘mobile money’ service enables one to make a financial transaction using a mobile phone or any mobile device with SIM card technology.
During [...]
By Ilya Khrennikov and Eric Ombok
Equity Bank of Kenya, Kenya’s largest provider of small loans, plans to more than double the number of accountholders this year after forming a partnership with Safaricom Ltd., East Africa’s biggest mobile-network operator.
“This is providing an opportunity to open at least 5 million new accounts by the end of the [...]
Abu Bakarr Kargbo
One of Sierra Leone’s leading private commercial banks, Guaranty Trust Bank, continues to demonstrate its willingness to ensure that financial services reach the door-step of everybody. The bank recognizes the fact that not everybody has a bank account, and so therefore they have partnered with Splash Mobile Money for a smooth money transfer [...]
JEVANS NYABIAGE
The man behind PesaPay, an online payment tool and founder of Verviant Consulting Services Mr Agosta Liko, has unveiled a new platform that will ease payment of school fees.
The innovation known as SchoolPay was launched at the Kenya Secondary School Heads Association meeting in Mombasa on Wednesday.
It is meant to enable institutions request and [...]
CATHERINE KARONG’O
Cellulant Kenya Limited, a local mobile commerce company has announced a new product that will enable integration of services to allow easy access to information and banking services.
Chief Executive Officer Ken Njoroge said on Tuesday that the product dubbed “Lipuka” which goes into effect next month seeks to provide a convenient solution to mobile [...]
